Valiant Markets Detailed Review
While the presentation itself may look valiant, the broker itself certainly isn’t. Valiant Markets tried hard to convince its investors they would be depositing the money with a Cypriot company, while in fact, it’s offshore and fraudulent. Continue reading our Valiant Markets review for more details.
|Broker status:||Offshore Broker|
|Regulated by:||Unlicensed brokerage|
|Blacklisted as a Scam by:||AMF, CONSOB, MB Securities, CSA, OSC|
|Owned by:||Global Tech Holdings Ltd|
|Headquarters Country:||Saint Vincent and the Grenadines|
|Supported Platforms:||ForexPro Web trader|
|Cryptocurrencies:||Yes – BTC, ETH, XRP – total 6|
|Types of Assets:||FX, stocks, commodities, indices, futures, cryptocurrencies|
|Free Demo Account:||No|
|Accepts US clients:||Yes|
What About Valiant Markets Regulation?
The company is owned by Global Tech Holdings Ltd, allegedly registered in Cyprus and Saint Vincent and the Grenadines. However, to be a Cypriot-based financial service provider, any company needs to opt for a CySEC license. A thorough examination of this register has shown that Valiant Markets is not registered nor licensed in Cyprus.
We did find a company registered in 2016 with the FSA of SVG; however, this authority body is just a register. To get a license, brokers need to opt for one in the country of service. It means that Valiant Markets is yet another fraudulent offshore scheme you shouldn’t trust.
Valiant Markets Warnings From Financial Regulators
There has been a riot in Canada since Valiant Markets defrauded many. We’ve got warnings from the Manitoba Securities Commission.
Another one from Canadian Securities Administrators, CSA.
There’s a warning from the Ontario Securities Commission about the Valiant Markets trading scam.
And last but not least, Italian CONSOB and the Dutch AMF issued warnings against this scam investment firm as well.
Fund Withdrawal Issues With Valiant Markets Broker
Since the broker is not actually in Cyprus and has no regulations, it feels no pressure nor any kind of obligation to return money to clients. Suppose you have deposited a minimum of 250 EUR and involved yourself in the scheme. You’ll be prompted to invest more, and your account manager will pressure you without pause. Yet, once you request a payout, your account will be suspended and your money will be frozen.
Areas Of Valiant Markets Trading Scam
You should know that investing money with this broker is risky since the company is unregulated, and you have no withdrawal guarantees. According to reviews, the broker is mainly present in Canada, the US, the UK, and India. Furthermore, comments come from the Netherlands, Austria, Germany, etc.
Traders About Valiant Markets Scam
Since we’ve elaborated the subject of this investment firm being an obvious scam, telling you that most comments are negative won’t come as a shocker. In fact, that’s something to expect. After being told that clients cannot get their money back, they only have to seek help through online channels.
If you find yourself a victim of the Valiant Markets scam, let us know what happened. We may be able to assist you with the refund.
Valiant Markets Trading Instruments
Given the lack of transparency and no Demo account, we’re taking a wild guess on the tradable assets. Clients can choose among one of the following markets:
- Currency pairs
While the leverage goes up to 1:100, the spread hasn’t been disclosed. Yet, regardless of how good the offer may be, you should know that Valiant Markets is not a place to invest your money if you’re hoping to ever see it again.
How Does Online Trading Scam Work?
Online trading scams usually start with an overpromising ad showing you impossible results. Once you make an initial deposit, an account manager persuades you to invest more with all the different opportunities and proposals. Some scam brokers, including this company, love to tell their customers they could use investment accounts as savings and get an interest rate. You should be well aware that such firms are not credible financial institutions, and there’s no interest. At least not for you. Once your money is gone, you can only report what happened.
Scammed by Valiant Markets? – Tell Us Your Story
If you were scammed by Valiant Markets, tell us your story. Contact our chargeback specialist via online chat and let us know what happened so that we can assist you in finding the best solution.
But What Is A Chargeback?
That’s a way for your bank to refund your card in case you have been scammed. For more information, book your free consultation now, and let’s start working on your case before it’s too late.
What Is Valiant Markets?
Valiant Markets is an online Forex and CFD trading provider based offshore.
Is Valiant Markets A Scam Broker?
The company has been blacklisted all over Canada, Italy, and the Netherlands.
Is Valiant Markets Regulated?
Valiant Markets is not regulated and operates illegally as a scam firm.